Specialty Lines Product Manager

Archer; Jersey City (NJ); On-site; USD 130,000 - 195,000; Full time

Job summary

Verisk’s Commercial Lines Product Development division seeks a highly motivated Specialty Commercial Lines Product Manager to shape line strategy, monitor industry trends, and define success metrics. You will engage with customers, lead cross-functional teams, and help craft products that meet evolving customer needs.

Travel up to 15% for industry events and customer forums. You will collaborate with coverage, actuarial, sales, IT, and data analytics to drive profitability and market leadership

Qualifications

• 5+ years of Specialty Commercial Lines experience
• Experience in product development or product management
• Familiarity with ISO forms, rules or loss costs
• Proven innovation in product design and strategy
• Strategic thinker with problem-solving capabilities
• Travel up to 15% for customer interactions, industry conferences and internal meetings

Responsibilities

• Measure and monitor the health and performance of the line for profitability, growth and market position.
• Collaborate cross-functionally with coverage, actuarial, sales, IT, and data analytics for core lines.
• Develop and execute strategic plans and product roadmap priorities aligned with growth and profitability goals.
• Identify emerging market trends and translate them into actionable product strategies.
• Drive growth through new product development and market expansion.
• Act as an influential leader, inspiring cross-functional teams to meet customer needs.

Skills

Strategic product thinking

Cross-functional collaboration

Product development

Market trend analysis

Customer engagement

Travel readiness

Job description

Archer is collaborating with Verisk to connect them with exceptional professionals for this role.

Description

Verisk’s Commercial Lines Product Development division is looking for a highly motivated Specialty Commercial Lines Product Manager. This individual will work cross functionally to develop line of business strategy, monitor and act on industry trends, and develop a wholistic approach to defining and measuring success for the line.

The better we know our customers, the better we can serve them. Customer focus will guide all aspects of your work. You will engage with customers and respond to their feedback with key developments while also engaging the line of business team to develop products that anticipate customer needs. This includes running panels and other customer forums, representing the products to customers, meeting with them individually and being a key customer resource. You may also represent us at industry conferences and with professional organizations, including preparing and giving presentations and authoring or co-authoring white papers or articles.

Responsibilities

• Responsible for measuring and monitoring the overall health and performance of the line of business, ensuring profitability, growth and market positions.
• Collaborate cross functionally with coverage, actuarial, sales, IT, and data analytics functions for Verisk’s Specialty Commercial core lines products (Cyber, Tech, Professional Liability, EPL, D&O, Crime).
• Develop and execute strategic plans and product roadmap priorities aligned with growth and profitability goals.
• Identify emerging market trends and translate them into actionable product strategies.
• Drive growth through new product development, market expansion and enhancement of existing products.
• Act as an influential leader, inspiring cross functional teams that align to meet customer needs.

Qualifications

• 5+ years of Specialty Commercial Lines insurance carrier or related experience
• Line of business experience would include a focus on product development (coverage or actuarial) or product management
• User of, or exposure to, ISO forms, rules or loss costs
• Demonstrated innovation in product design and strategy
• Strategic thinker with proven problem solving capabilities
• Travel up to 15% for customer interactions, industry conferences and internal meetings